Woody Corporation has the following information for the current month: Units started 100,000 units Beginning Work in Process: (35% complete) 20,000 units Normal spoilage (discrete) 3,500 units Abnormal spoilage 5,000 units Ending Work in Process: (70% complete) 14,500 units Transferred out 97,000 units Beginning Work in Process Costs: Material Conversion P15,000 10,000 All materials are added at the start of the production process. Woody Corporation inspects goods at 75 percent completion as to conversion.